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maks197457 [2]
3 years ago
8

When preparing a monthly budget, describe how net income is calculated.

Mathematics
2 answers:
Advocard [28]3 years ago
8 0
Net income<span> (NI) is a company's total earnings (or </span>profit<span>); </span>net income is calculated<span> by taking revenues and subtracting the costs of doing business such as depreciation, interest, taxes and other expenses. ... </span>Net income<span> also refers to an individual's</span>income<span> after taking taxes and deductions into account.

google

</span>
OverLord2011 [107]3 years ago
3 0
I believe its subtracting the expenses subtotal from the net income will give you the income subtotal. I hope this helps:D
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